Web host agrees to pay $1m after it’s hit by Linux-targeting ransomware
Jun20

Web host agrees to pay $1m after it’s hit by Linux-targeting ransomware

(credit: Aurich Lawson) A Web-hosting service recently agreed to pay $1 million to a ransomware operation that encrypted data stored on 153 Linux servers and 3,400 customer websites, the company said recently. The South Korean Web host, Nayana, said in a blog post published last week that initial ransom demands were for five billion won worth of Bitcoin, which is roughly $4.4 million. Company negotiators later managed to get the fee...

Read More
Serious privilege escalation bug in Unix OSes imperils servers everywhere
Jun20

Serious privilege escalation bug in Unix OSes imperils servers everywhere

Enlarge (credit: Victorgrigas) A raft of Unix-based operating systems—including Linux, OpenBSD, and FreeBSD—contain flaws that let attackers elevate low-level access on a vulnerable computer to unfettered root. Security experts are advising administrators to install patches or take other protective actions as soon as possible. Stack Clash, as the vulnerability is being called, is most likely to be chained to other...

Read More
How to install Linux on a Chromebook (and why you should)
Jun20

How to install Linux on a Chromebook (and why you should)

Enlarge Chromebooks are one of the most secure devices you can give a non-technical end user, and at a price point few can argue with, but that security comes with a privacy trade off: you have to trust Google, which is part of the NSA’s Prism programme, with your data in the cloud. Even those who put their faith in the company’s rusty “don’t be evil” mantra may find Chromebook functionality...

Read More
Indian Government to Recommend Bitcoin Regulation Within 6 Months
Jun20

Indian Government to Recommend Bitcoin Regulation Within 6 Months

The Indian government will meet to discuss the regulatory framework of Bitcoin and other digital currencies next week, according to a local publication. Bitcoin.com talked with India’s leading bitcoin exchanges to find out what to really expect from the meeting. Also read: India’s Government Divided Over Bitcoin Legalization Government Working on Bitcoin Framework Next Week According to Dna, India’s English broadcast...

Read More
HYCM Offers Bitcoin-USD Pairing
Jun20

HYCM Offers Bitcoin-USD Pairing

In response to popular pressure from clients, forex and CFDs broker HYCM have announced that they have added the BTC-USD pairing to their list of traded financial instruments. The decision comes during a period of increased cryptocurrency engagement on the part of major financial institutions. Also Read: Coincheck Reopens Lending Service with 11 More Cryptocurrencies The Number of CFD Brokers Offering Bitcoin Derivative Products Is...

Read More